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re: specific examples of diversity contributing to corporate earnings
Posted on 7/27/20 at 4:02 pm to soccerfüt
Posted on 7/27/20 at 4:02 pm to soccerfüt
quote:
In 1947 the all-white St Louis Cardinals Baseball franchise sold for $3.5 million. Adjusted for inflation, that's around $29 million in 2020.
The estimated present-day value of the integrated franchise is around $2 billion smackaroos.
Causation does not equal correlation.
Besides, how many of those players were hired strictly for the color of their skin? Maybe they were hired, now just hear me out, because they had the best bat or glove for their position? Crazy thought, I know.
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